Car terminal for Mundra...

Auto maker Maruti Suzuki India (MSI) and Mundra Port and Special Economic Zone (MPSEZ) have teamed up to build a car export terminal at the Port of Mundra in India’s western Gujarat state.

Initial investment in the terminal, which is expected to be operational next year, will be around Rs1B (US$25M). MPSEZ will invest Rs600M to build the terminal’s infrastructure and MSI Rs400M to set up a pre-delivery inspection centre. The latter is part of the Rs90B MSI and parent Suzuki Motor Corporation (SMC) of Japan plan to invest in India....

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This complete item is approximately 300 words in length, and appeared in the March 2008 issue of WorldCargo News, on page 17.

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